First acquires rights to Stirling-London open access

Mel Holley Contributing Writer rail@bauermedia.co.uk

FIRSTGROUP has taken over Ian Yeowart’s Grand Union Trains Stirling-London open access operation, which holds five-year track access rights and is proposed to start in June 2025. Having acquired Grand Union Trains WCML Holdings Ltd and its Grand Union Trains Ltd operating subsidiary from Yeowart, the deal gives FirstGroup ownership of the open access rights granted in March by the Office of Rail and Road. The companies, newly renamed First Rail Stirling Holdings Ltd and First Rail Stirling Ltd, are now led by First Rail MD Steve Montgomery. The previous directors have resigned. Financial terms of the deal, which concluded on August 9, have not been disclosed. Yeowart continues to head the separate Grand Union Trains GWML Holdings Ltd, which was granted open access rights between London Paddington and Carmarthen…

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RAIL (Digital) - 1 Issue, Issue 1019

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